cryptopotato.com
Bitcoin finally initiated a minor leg up in the past few hours and charted a multi-day high at over $16,700.
The altcoins are even more in green, led by massive gains from $OKB, Solana, and others.
$OKB, $SOL Skyrocket
Ever since the FTX collapse, several crypto exchanges have been frequently presenting proof of reserves, and OKX has been at the forefront. Its native cryptocurrency has been on a roll in the same timeframe. The past 24 hours alone have brought a 12% increase, resulting in a surge to above $30 for the first time in over a year.
$OKB has almost doubled its USD valuation since the FTX crash and has found a place in the top 10 largest digital assets by market cap.
Solana is another massive gainer today following a few days of consecutive price falls. $SOL is now up by 15% and trades well above $11.
Litecoin, Cardano, Dogecoin, Polkadot, and Polygon have also added impressive percentages on a daily scale.
Ethereum has reclaimed $1,200 after a 2% increase. Binance Coin is close to $250 following a similar daily jump.
The crypto market cap is back above $800 billion after a $20 billion increase.
Bitcoin Eyes $17K
The primary cryptocurrency finished the rather violent 2022 without any significant price movements. Just the opposite, the asset had gradually declined to under $16,500 and remained there for a few consecutive days.
Yesterday didn’t bring anything different, and BTC stood around that same number. The past 12 hours or so, though, were a bit different. Bitcoin started to gain some traction, added a few hundred dollars, and went to just over $16,750.
After charting a 5-day high, the asset has lost some ground and stands close to that line now. Although its market capitalization has increased to over $320 billion, its dominance over the alts has taken a slight hit and is now below 40%.
